AMC – Watching Support Like a Line in the Sand

Price is back at $2.81 — same level it held in early June before that push to $4+.
This time, volume’s fading while price bleeds. That’s not weakness to me, that’s indecision. Sellers are present, but they’re not pressing. It’s more like… everyone’s waiting to see who blinks first.

What I’m Watching:
• Support at $2.81 — If it holds, this could be the base of the next move.
• Volume dropping on the way down = possible seller exhaustion.
• No confirmation yet. No bounce. No strength. Just a setup.
• If this breaks, I’m watching $2.40 next. Not overthinking it.


Potential Setup:
• Entry: If price pushes above $2.85+ with real volume behind it
• Stop: Below $2.70
• Targets:
• Neutral zone around $3.60
• Resistance at $4.20
• Fibs at $4.37, $4.65, $4.91 — only if this gets legs

Not trying to hype anything.
This isn’t a “moon soon” call — this is just a clean chart, clean level, clean logic.
Let it show its hand.

If it breaks down, cool. If it bounces, I’ve got my plan.
That’s it.